Topics: investment

MoneyTap collects Rs 500 crore in series B round funding from Aquiline Technology Growth, RTP Global, and Sequoia India

Online consumer lending startup MoneyTap on Monday announced that it has raised Rs 500 crore in series B round funding from Aquiline Technology Growth...

Online food delivery company Takeaway wins $8 billion battle of Britain's Just Eat

Amsterdam-based online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with £6.2-billion pound ($8 billion) share offer that will create...

Snack startup Samosa Singh bags $2.7 mn in A round funding from She Capital, Fireside Ventures and others

In participation with Equanimity Investments, and AL Trust. The Bengaluru -based snack startup Samosa Singh has advanced $2.7 million in series A round funding...

Livspace gets $60 million makeover from Tahoe Investment, EDB Investment, and others

A Bengaluru-settled online home décor company Livspace has raised $60 million in its latest round funding from Hong Kong-based Tahoe Investment Group, EDB Investment,...

JSW Steel to raise Rs 1,000 crore through Non-convertible debentures

India's largest steel company, JSW Steel on Thursday said that “It will be raising nearly to $1000 crore through issuance of non-convertible debentures.” In a...
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Nestle to invest $2.1 billion to reduce the use of virgin plastics

In an attempt to reduce the use of virgin plastics. The Swiss largest food and beverage company Nestle has announced that “It will invest...

TypingDNA closes $7 million in series A round funding from Gradient Ventures, GapMinder, Techstars Ventures, and others

A New York-based behavioral biometrics company, TypingDNA has raised $7 million in series A round funding from Gradient Ventures, Google AI-focused venture funds, and...

Amazon starts pilot projects to buy directly from Indian farmers

As a part of the farm-to-fork initiative, Amazon India Retail venture has started a pilot project to by fresh fruits ad vegetables directly from...

"India's economy to be at 4.3% in Q4 2019", says Nomura

India's economy is expected to grow at 4.3 percent in December quarter this year amid concerns over crisis in the NBFC sector, according to...

Allcargo Logistics acquires a controlling stake in Gati

A Mumbai based- Integrated logistics solution provider Allcargo Logistics has announced the acquisition of majority stakes in Gati Ltd for Rs 416 crore. As a...
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Argentina's fintech startup Uala plans for expansion with Tencent, SoftBank, and Pierpaolo Barbieri

Argentine digital banking startup Uala is looking to more than double in size, expand its product range and leverage expertise from new investors including...

Kuwait’s KIA to invest in Aramco IPO: Sources

Kuwait Investment Authority (KIA) plans to invest in the initial public offering (IPO) of Saudi Aramco, two sources familiar with the matter told Reuters...

India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion

India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...

Bookingjini scores Rs 3 crore from Mumbai Angels, Apurva Salarpuria and others

Bookingjini, a Bhubaneshwar-based online platform that allows hotels to generate direct booking on its platform, has scored Rs 3 crores in its seed...

Uber can pay Waymo over autonomous driving tech

Uber said it “will likely” have to strike a licensing deal with Waymo or opt for costly changes to its autonomous driving software after...
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Piyush Goyal: RCEP against India’s economic interest

The RCEP agreement was against India's economic interest and national priorities, Commerce and Industry Minister Piyush Goyal said on November 4 as the country...

RBI Deputy Governor Viral Acharya: Govt of India needs to undertake heavy disinvestment programme

The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and...

DHFL proposes draft resolution plan to convert debt to equity

India's crisis-hit shadow bank Dewan Housing Finance (DHFL) has submitted a draft resolution plan proposing to convert debt to equity while seeking to sell...

Wipro Consumer Care Ventures to fund —India, Southeast Asian consumer brands startup

India’s leading FMGC company, Wipro Consumer Care and Lighting have announced a launch of its new venture fund called “Wipro Consumer Care Venture,” to...

Groww raises $21.4mn from Ribbit Capital, Sequoia India, and Y Combinator

A Bengaluru-based investing platform, Groww has raised $21.4 million in series B round funding from U.S. based Venture Capital firm Ribbit Capital, and others. The...
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United States unveils plans to extend scrutiny of foreign investments

The US government outlined more detail on September 17 on its plans to beef up foreign investment oversight, including a proposal to permit the...

China state planner approves $9.72 bn of fixed asset investment projects in August

China's state planner said on Wednesday that it approved 68.9 billion yuan ($9.72 billion) of fixed-asset investment projects in August. The National Development and Reform...

Tata Power arm announces its exit from South African Joint Venture Cennergi for $106 mn

As a part, its strategy to cut its financial liabilities and focus on the domestic market, Tata Power on September 17 announced exit from...

Air India Assets Holdings Ltd secures Rs 7,000 crore through bond issue

Air India Assets Holdings Ltd (AIAHL) on Monday raised Rs 7,000 crore through bonds issue, which was oversubscribed. AIAHL is a special purpose vehicle...

Ravi Shankar Prasad asks CEO’s of electronics, Mobile corps to step up investment and manufacturing in India

The Government on Monday exhorted captains of electronics and the mobile industry to step up investments as well as manufacturing in India and asserted...
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Kedaara Capital to infuse $55 million in retail eye-wear company Lenskart

Lenskart, an India-based eye-wear retail company, will be is raising Rs 392 crore (approx. $55 million) from private equity firm Kedaara Capital, a newspaper...

CCI approves Amazon’s acquisition of 0.51% equity shares in Quess Corp

Fair trade regulator Competition Commission of India (CCI) on Monday said it has cleared the acquisition of equity share capital of Quess Corp by...

LenDenClub raised $1 million in Pre-series A round funding from Artha Venture Fund, Transworld Group, Shuchi Kothari and others

Mumbai based, Peer-to-Peer (P2P) lending platform LenDenClub has raised $1 million in Pre-series A round funding from Artha Venture Fund, Transworld Group, and others. “With...

Coal India to hire merchant bankers for acquiring equity stakes in Australian coal assets

State-owned Coal India will hire merchant bankers to carry out financial due diligence for acquiring equity stakes in identified mines and companies in Australia...

EU antitrust regulators charge Volkswagen, Daimler, and BMW on emissions collusion

EU antitrust regulators charged BMW cars, Daimler, and Volkswagen on April 5 for hindering competition on emission cleaning technology between 2006 to 2014. The European...
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